Moment Partners LLC Invests $93.28 Million in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Moment Partners LLC acquired a new position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 532,329 shares of the company’s stock, valued at approximately $93,280,000. Invesco S&P 500 Equal Weight ETF accounts for about 17.8% of Moment Partners LLC’s holdings, making the stock its largest position. Moment Partners LLC owned 0.16% of Invesco S&P 500 Equal Weight ETF as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. SJS Investment Consulting Inc. increased its stake in Invesco S&P 500 Equal Weight ETF by 157.1% in the 4th quarter. SJS Investment Consulting Inc. now owns 144 shares of the company’s stock worth $25,000 after acquiring an additional 88 shares during the last quarter. FPC Investment Advisory Inc. purchased a new stake in Invesco S&P 500 Equal Weight ETF in the fourth quarter valued at approximately $28,000. Van ECK Associates Corp lifted its position in Invesco S&P 500 Equal Weight ETF by 105.4% during the fourth quarter. Van ECK Associates Corp now owns 152 shares of the company’s stock valued at $27,000 after purchasing an additional 78 shares during the last quarter. Truvestments Capital LLC purchased a new position in Invesco S&P 500 Equal Weight ETF in the 3rd quarter worth approximately $29,000. Finally, Roxbury Financial LLC bought a new position in shares of Invesco S&P 500 Equal Weight ETF in the 4th quarter worth $34,000.

Invesco S&P 500 Equal Weight ETF Stock Performance

NYSEARCA RSP opened at $174.94 on Thursday. Invesco S&P 500 Equal Weight ETF has a 52-week low of $158.83 and a 52-week high of $188.16. The company has a fifty day moving average of $178.60 and a 200-day moving average of $179.13. The company has a market capitalization of $72.88 billion, a P/E ratio of 20.93 and a beta of 1.07.

Invesco S&P 500 Equal Weight ETF Announces Dividend

The company also recently declared a dividend, which will be paid on Friday, March 28th. Shareholders of record on Monday, March 24th will be paid a dividend of $0.8308 per share. The ex-dividend date of this dividend is Monday, March 24th.

About Invesco S&P 500 Equal Weight ETF

Guggenheim S&P 500 Equal Weight ETF, formerly Rydex S&P 500 Equal Weight ETF, seeks to replicate as closely as possible, the daily performance of the S&P 500 Equal Weight Index (the Index). The Index is a capitalization-weighted index covering 500 industrial, utility, transportation and financial companies of the United States markets (mostly NYSE Euronext issues).